Fortress

New York Times:

When Wesley R. Edens and his partners founded their investment firm a decade ago, they chose a name that evoked unshakeable bastions: Fortress.

But now their stronghold is under siege — and some of its investors are running for cover.

Cracks are spreading throughout the Fortress Investment Group, once a leading player in the worlds of hedge funds and leveraged buyouts. On Wednesday, Fortress’s shares fell 25 percent to $1.87, a new low, after the company temporarily suspended withdrawals from its largest hedge fund. Investors had asked to withdraw $3.51 billion from the money-losing fund, Drawbridge Global Macro.

I have a minor connection to the company. The photo found in this story of me was taken from a Fortress conference room overlooking Central Park on the 47th floor of the building the company was based at.

Anyway, investors should have known that the company was headed down the tubes when they hired this guy.